News That Matters

Tag: view

View: A bad loan farce gets another rerun in India

View: A bad loan farce gets another rerun in India

Finance
by Andy MukherjeeA new year, a new central bank governor. Yet the first salvo to come out of the Reserve Bank of India’s policy arsenal in 2019 is encouragement of good old “extend and pretend” lending. Banks and shadow banks are being allowed a one-time restructuring of loans of up to 250 million rupees ($ 3.6 million) to micro, small and medium enterprises that were in default on Jan. 1, without having to mark them as nonperforming, the RBI said on Tuesday. Lenders are being given an extension of 15 months (up to March 31, 2020) to pretend that these stressed loans are standard. All they have to do is to make additional 5 percent loss provisions. By contrast, a secured loan classified as nonperforming attracts immediate provisioning of 15 percent, rising progressively t...
Satellite data offers enhanced view of Earth's tectonic structures

Satellite data offers enhanced view of Earth's tectonic structures

Science
Nov. 5 (UPI) -- New satellite surveys and fresh gravity datasets are helping scientists image tectonic structures, revealing links between Antarctica and the rest of Earth's continents. Using data collected by the European Space Station's GOCE mission -- short for Gravity Field and Steady-State Ocean Circulation Explorer -- scientists have begun to identify the lithosphere structures that define the movement and evolution of the planet's continents. The insights made possible by the newly analyzed GOCE data offer a view of Earth's tectonics distinct from seismic surveys. Until now, detailed images of Antarctica's underlying tectonic structures have been hard to come by. By analyzing gradients in the gravity data collected by ESA's GOCE satellites, scientists were able to produce "curvatur...
ICESat: Space laser to get unprecedented view of Earth's ice

ICESat: Space laser to get unprecedented view of Earth's ice

Science
The American space agency is about to put a laser in orbit to measure the condition of Earth's ice cover. The satellite mission, called ICESat-2, should provide more precise information on how these frozen surfaces are being affected by global warming. Antarctica, Greenland and the ice floating on the Arctic Ocean have all lost volume in recent decades. ICESat-2 will track ongoing change in unprecedented detail from its vantage point some 500km above the planet. A Delta II rocket is booked to take the satellite laser into space on Saturday. Lift-off from the Vandenberg Air Force Base in California is scheduled for 05:46 local time (12:46 GMT; 13:46 BST). As the name suggests, ICESat-2 is a follow-on project. The original spacecra...
Charli XCX gives fans VERY intimate view in bikini video

Charli XCX gives fans VERY intimate view in bikini video

Entertainment
The 25-year-old singer songwriter admitted to her 3.2 million followers that she "does stupid s**t" with a cryptic tweet.Earlier in the day, Charli stripped to her two-piece and took time off from her busy schedule to pose in the pool.Rocking a white bikini top with an unmatched black bottom, the No Angel singer posed with a pool float after baring her assets in the snaps.Adding a pair of black sunglasses and a three-part necklace, the star stunned with her monochrome colour palette. INSTAGRAM / CHARLI_XCX POOLSIDE BABE: Charli XCX strips down for a poolside snap for her day off After admitting that she was focusing on making a playlist that would share all of her favourite artists, in a bid to grow their p...
APEX offers up-close view of black hole's event horizon

APEX offers up-close view of black hole's event horizon

Science
May 25 (UPI) -- Astronomers are trying to take a picture of the shadow of a black hole, and they're getting closer thanks to the Atacama Pathfinder Experiment radio telescope, also known as APEX. Five years ago, astronomers outfitted APEX with the equipment needed to be integrated into a global network of antennas known as Event Horizon Telescope. The addition of APEX allowed EHT to collect the most detailed observations yet of Sagittarius A*, the supermassive black hole at the center of the Milky Way galaxy. More specifically, the collective of telescopes was able to zoom in on the black hole's event horizon, the point of no return -- where the gravitational pull of the black hole becomes stronger than the speed of light and beyond, which no matter or particle can escape. The Event Hori...